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Citi strategists reduce positions in South Korean equities and downgrade rating of Asian emerging markets to neutral

Citi strategists reduce positions in South Korean equities and downgrade rating of Asian emerging markets to neutral

华尔街见闻华尔街见闻2026/07/03 08:37
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This move is partly due to Citi's US strategists recently downgrading the semiconductor sector rating, stating, “Our concern is that when the semiconductor sector peaks, the overall market may peak at the same time.” Citi still maintains an overweight rating for US equities, while remaining tactically bullish on European stock markets.
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